Investing.com - Xpeng (NYSE:XPEV) reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Xpeng announced earnings per share of ¥-2.77 on revenue of ¥6.82B. Analysts polled by Investing.com EPS of ¥-2.44 on revenue of ¥7.32B.
Xpeng 's are down 85.42% and is trading at ¥8.19 , still down 87.00% from its 52 week high of ¥56.45 set on Wednesday, December 1, 2021.
Xpeng shares gained 11.58% to trade at ¥8.19 in pre-market trade the report.
Xpeng follows other major Consumer Discretionary sector earnings this month
Xpeng's report follows an earnings beat by Home Depot on Tuesday, November 15, 2022, who reported EPS of ¥4.24 on revenue of ¥38.9B, EPS of ¥4.12 on revenue of ¥37.92B.
Toyota Motor ADR had missed expectations on Tuesday, November 1, 2022 with second quarter EPS of ¥2.14 on revenue of ¥62.24B, for EPS of ¥3.5 on revenue of ¥62.38B.
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